Policies » Section D: Fiscal Management » DC: Taxing And Borrowing Authority/Limitations
Policy Date: 02/08/2000Download Policy Now
ASD File: DC
AUBURN SCHOOL DISTRICT
TAXING AND BORROWING AUTHORITY/LIMITATIONS
No funds will be borrowed for capital building projects or other major capital items without the expressed approval of the school district electorate as determined by a vote of the school district at an annual or special school district meeting in accordance with the Municipal Finance Act.
RSA Ch. 33:8-a
Adopted: February 8, 2000